U.S. Commerce Secretary Gary Locke Announces $1.11 Million Grant to Create Jobs, Strengthen Economy in Musselshell County, Montana
March 9, 2010
Contact: John Atwood, (202) 482-4085
EDA Grant Expected to Create 277 Jobs and Generate $455 Million in Private Investment
WASHINGTON - U.S. Commerce Secretary Gary Locke today announced a $1.11 million Economic Development Administration (EDA) grant to Musselshell County, Mont., to make roadway improvements needed to serve the local business community. The project is expected to create 277 jobs and generate $450 million in private investment, according to grantee estimates.
"The Obama Administration is committed to creating jobs, encouraging innovation and improving our nation's economic competitiveness," Locke said. "This EDA grant will provide vital roadway improvements needed to help major local employers expand their operations and create new jobs."
The Department of Commerce is a voice for Main Street businesses that works to grow local economies by fostering innovation and opening markets to U.S. products and services. Locke is a member of President Barack Obama's economic team.
The Economic Development Administration marks 45 years of public service, leading the federal economic development agenda by promoting competitiveness and preparing American regions for growth and success in the worldwide economy. EDA is an agency within the U.S. Department of Commerce that partners with distressed communities throughout the United States to foster job creation, collaboration and innovation.
Additional information on how EDA investments are helping distressed communities create a positive and sustainable economic future can be accessed at: http://www.eda.gov.